5/2-10 William Thwaites Boulevard Cranbourne North VIC 3977

Brand new Ten (10) year lease to November 2031 plus options to 2041.
Eves' Pizzeria and Gelato Bar: proven operators with 10+ years hospitality experience.
Fixed 3% annual rent increases assuring growth.
Investor preferred net lease terms with tenant paying all usual outgoings.
Immaculate 103sqm* pizzeria and gelato bar with significant frontage and exposure to William Thwaites Boulevard.
Situated in 100% occupied Neighbourhood Centre including IGA Supermarket, Chemist Warehouse and Medical Centre.
Prime 'entry level' investment.
Cranbourne North: situated in City of Casey, 8th fastest growing municipality in Australia.**
Net Income: $47,740pa + GST (as at November 2022).

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 14 September 2022
Crown Casino - River Room - Melbourne

*Approx
**City of Casey